Royalties help pay for public services like health care, hospitals, education and schools By Deborah JaremkoAs Canada’s first LNG export terminal prepares for start-up, British Columbia is preparing for an influx of new revenues that will help fund government programs. With the LNG Canada project online – expected by mid-2025 – the province expects proceeds from natural gas development will more than double. The anticipated production of LNG by the middle of this decade boosts the [Read more]
Opportunity knocks for Canada to become key LNG supplier as U.S. pauses projects
“Everyone wins if Canada can get into the game.” By Cody Ciona Canada’s emerging liquefied natural gas (LNG) industry has an opportunity to become a key supplier for energy-hungry countries in Asia and beyond following the U.S. pause on new or pending LNG export approvals, industry watchers say. With much of the world looking for alternatives to Russian natural gas following its invasion of Ukraine in 2022, the U.S. emerged as the number one global exporter of LNG. According to [Read more]
Alberta’s emergency grid alert underscores vital role diverse energy mix plays in Canada
After a major cold spell affected the capacity of Alberta's power grid to provide electricity, experts weigh in on the need for multiple sources of energy By Cody Ciona The crucial need for Canada to have a flexible and diverse energy grid was given a practical demonstration this past weekend as frigid winter temperatures in Alberta prompted a grid emergency. With temperatures in some places dropping to almost -50C with the wind chill, provincial officials issued an emergency alert [Read more]
New deal with global gas giant Shell shows Canada is on the map for LNG: specialist
'This is a signal that the LNG demand is viable beyond 2050' By Deborah Jaremko A new 20-year deal by global energy giant Shell to purchase liquefied natural gas (LNG) from British Columbia is a sign Canada is becoming a player in global LNG markets, says an industry specialist. Shell has agreed to buy two million tonnes of LNG per year from the proposed Ksi Lisims LNG project located near the Alaska border, which could start operating in 2028. “Canada is on the map now for LNG. [Read more]